The Fijian Cabinet has approved loan and grant agreements with the Asian Development Bank (ADB) as part of the Fiji Critical Bridges Resilience Project. This initiative will provide a total of USD 134.5 million (about FJD 304.4 million) to the country, comprising USD 120 million (around FJD 271.6 million) in concessional loan financing and USD 14.5 million (approximately FJD 32.8 million) as grant financing.
As part of this project, the Fiji Roads Authority has identified four bridges that will be replaced to enhance the country’s infrastructure. The completion of the project is expected by 2031.
This investment not only supports Fiji’s critical infrastructure but also demonstrates the partnership between the Fijian government and the ADB in promoting resilience and safety in transportation networks. With significant funding directed towards improving these vital structures, Fiji is taking proactive steps to ensure the longevity and reliability of its bridge systems, setting a positive example for other nations in addressing infrastructure needs.
Summary: The Fiji government has secured USD 134.5 million in funding from the ADB for bridge replacements, aimed for completion by 2031, enhancing infrastructure resilience in the country.
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